Jay Pembroke started a business. During the first month (April 20--), the following transactions occurred.

Question

Invested cash in business, $18,428.
Bought office supplies for $4,433: $1,896 in cash and $2,537 on account.
Paid one-year insurance premium, $1,003.
Earned revenues totaling $3,402: $1,302 in cash and $2,100 on account.
Paid cash on account to the company that supplied the office supplies in transaction (b), $2,198.
Paid office rent for the month, $603.
Withdrew cash for personal use, $109.